Tenant-Occupied Storefront
For Sale
$175,000
4007 Broadway, Gary, IN 46409
COMMERCIAL - Gary, IN
Property Size2,160 SF
Lot Size0.17 Acres
Price / SF$81.02
Days on Market120
Property Features for 4007 Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
8
Parking features
Off Street
Security features
Security System
Interior features
Entrance Foyer, High Ceilings
Appliances
Dryer, Washer
Subdivision
Earles 03 Glen Park Add
Lot features
Corner Lot, Near Public Transit, Paved
View
City
Elementary school district
Gary
Middle school district
Gary
High school district
Gary
Directions
From 80 / 90 exit onto Broadway Ave ( RT 53) and proceed South. Proceed to West 40th Ave. Building is located on the South East Corner of that intersection. Parking is located in the front.
Standard status
Active
APN
450827156001000004
Size
2,160 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
EARLES 3RD GLEN PARK ADD. ALL LOTS 1 & 2 BL.24
Tax Annual Amount
2000
Legal Description
EARLES 3RD GLEN PARK ADD. ALL LOTS 1 & 2 BL.24
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1927
Listing Agency:
McColly Real Estate
(219) 926-1616
Listed By:
Alan Harrell · License #RB14052205
(219) 241-1556
Added: Apr 20
Changed: Aug 5
Last Checked: Aug 17 at 5:06AM
MLS# 837489
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1927, this 2,160-square-foot storefront property occupies a 0.169-acre lot at 4007 Broadway in Gary, Indiana. The building is currently leased to Ace Cleaners and Tailors and includes an entrance foyer, high ceilings, washer and dryer equipment, central and forced-air heating, and natural gas service. Off-street parking is available, with public water and public sewer serving the property. The building is identified as commercially zoned.
The property fronts Broadway in Gary’s Glen Park neighborhood, south of the I-80/94 interchange. Indiana University Northwest, local schools, and major transit routes are located nearby. Current lease terms, options, and rental income are subject to buyer verification.
The property fronts Broadway in Gary’s Glen Park neighborhood, south of the I-80/94 interchange. Indiana University Northwest, local schools, and major transit routes are located nearby. Current lease terms, options, and rental income are subject to buyer verification.
Key Highlights
- 2,160 SF storefront building constructed in 1927
- 0.169‑acre lot at 4007 Broadway, Gary, IN 46409
- Currently leased to Ace Cleaners and Tailors
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
Family Dollar
Shops & Services
5,275 visits/mo
0.2 miles
Citgo
Shops & Services
3,933 visits/mo
0.2 miles
Centier Bank
Shops & Services
2,989 visits/mo
0.5 miles
Beggars Pizza
Dining
1,791 visits/mo
0.2 miles
Demographics for 46409, IN
6,975
Population
4,238
Households
1.6
Avg Household Size
35
Median Age
12%
College-Educated
85%
High-School Grad
3.6 sq mi
ZIP Area
1,938
Density / Sq Mi
$40,637
Median Household Income
$29,769
Median Earnings
$1,194
Median Rent
$73,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Leased commercial storefront with off-street parking, public utilities, and a Broadway address in Gary.
Where is this storefront property located?
The property is located at 4007 Broadway Gary, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,160 SF storefront building constructed in 1927; 0.169‑acre lot at 4007 Broadway, Gary, IN 46409; Currently leased to Ace Cleaners and Tailors
